The Red Village

The Red Village is a blockchain-based gaming company operating in the dark fantasy genre, built on the Polygon network. The business centers around a play-and-earn ecosystem where players interact with non-fungible tokens (NFTs) called 'Champions'. The company's primary offering is a player-vs-player (PVP) fighting tournament game where users can enter their NFT Champions to compete for financial rewards, primarily in the form of WETH. This tournament mode, inspired by games like ZED.RUN, involves up to eight players in a single-elimination format, with entry fees creating a prize pool distributed to the top finishers.

The company's business model generates revenue by taking a 2.5% cut from the prize pool of each paid tournament. Players, referred to as 'Battlemasters', own their Champion NFTs, which belong to various classes like Barbarian, Wizard, and Paladin, and possess unique attributes that influence their performance in combat. Beyond standard tournaments, The Red Village offers several other gameplay modes. 'To-The-Death' matches are high-stakes duels where the victor wins the loser's Champion NFT. 'Faction Fights' enable entire NFT communities to compete against one another, and free tournaments provide a risk-free environment for players to hone their strategies. A 'Summoning' feature also allows players to breed new, potentially more powerful or rare Champions from existing ones, adding a strategic layer to asset management.

The Red Village has secured significant partnerships, including a multi-year deal with Animoca Brands and a collaboration with Blowfish Studios to develop an open-world RPG called 'Darklands', expanding the franchise beyond its initial tournament-based gameplay. This forthcoming title is planned for a PC release in 2024. The company has also attracted investment from venture capital firms such as Kucoin Ventures, Polygon Labs, and Animoca Brands, securing $7 million in a seed funding round. The project's strategy is led by Lucien Dorman, who has a background in business development and marketing.

Keywords: blockchain gaming, play-to-earn, NFT, dark fantasy, Polygon network, crypto game, fighting tournament, PVP, WETH rewards, Battlemasters, Animoca Brands, digital assets, character classes, summoning, faction fights, open-world RPG, Lucien Dorman, Blowfish Studios, play-and-earn, virtual world, NFT Champions, game finance